Average Hourly Earnings
Average Hourly Earnings (AHE) is a measure of the average wage paid to employees in the United States. It is calculated by dividing the total wages paid to employees in a given period by the total number of hours worked during that period. AHE is used to measure the overall health of the labor market and to compare wages across different industries and occupations. It is also used to measure the purchasing power of wages and to compare wages across different countries.
History of Average Hourly Earnings
Average Hourly Earnings has been used as a measure of wages since the early 20th century. The first official measure of AHE was published by the U.S. Bureau of Labor Statistics in 1915. Since then, AHE has been used to measure the overall health of the labor market and to compare wages across different industries and occupations. It is also used to measure the purchasing power of wages and to compare wages across different countries.
Comparison of Average Hourly Earnings
| Country | Average Hourly Earnings (USD) |
|---|---|
| United States | $25.00 |
| Canada | $22.00 |
| United Kingdom | $20.00 |
| Australia | $19.00 |
Summary
Average Hourly Earnings (AHE) is a measure of the average wage paid to employees in the United States. It is used to measure the overall health of the labor market and to compare wages across different industries and occupations. It is also used to measure the purchasing power of wages and to compare wages across different countries. For more information on Average Hourly Earnings, visit the U.S. Bureau of Labor Statistics website or the websites of other countries.
See Also
- Minimum Wage
- Living Wage
- Real Wage
- Wage Gap
- Wage Inequality
- Gender Pay Gap
- Hourly Wage
- Salary
- Labor Market
- Purchasing Power
